Technology & Analytics
No Tweets for Buffett’s Second-in-Command Munger
So they are not completely in sync after all. A day after Berkshire Hathaway Inc. Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no ...
The Imperfect Science of Predicting Floods
Perched in a boat drifting slowly along the Red River, Dan Thomas kept one eye on a laptop and the other on a $60,000 piece of floating hardware that beamed sound waves deep into the flooding river. ...
Patent Claims Cause Firms to Drop Business Lines: Study
Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from ...
Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates
"On medication" may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. ...
Applied Systems Acquires IVANS P/C Business
Insurance software vendor Applied Systems has completed its acquisition of the property/casualty business of IVANS, a major supplier of managed network, electronic data interchange (EDI) and ...
End of Hard Copy? Three States Now Permit Posting Policies Online
Arizona Gov. Jan Brewer has signed a bill that allows a property/casualty insurer to post policies and endorsements online and send a link via email to policyholders in lieu of providing a hard copy. ...
New Trial Dates Set for Apple vs. Samsung $450M Patent Dispute
A federal judge has set new trial dates in November to decide whether $450.5 million of damages awarded by a jury to Apple Inc. in a patent dispute with Samsung Electronics should stand, according to ...
Validus’ Noonan Slams Berkshire Sidecar, Says Cat Model Won’t Jolt US Re Prices
London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of "excessive competition" is coming from Berkshire Hathaway's Lloyd's sidecar—a ...